Wage bill as a percentage of GDP in Chile

Chile: Wage bill as a percentage of GDP was 7.0% in 2022. β–² Rising

Latest (2022)
7.0%
Change on year
up 2.3%
World rank
111th
of 188 countries
All-time high
7.5%
in 2020
All-time low
4.6%
in 2006
Years of data
23
2000–2022

Wage bill as a percentage of GDP in Chile, 2000–2022

024682000201120222000: 5.82001: 5.82002: 5.82003: 5.62004: 5.12005: 52006: 4.62007: 4.72008: 5.22009: 62010: 5.72011: 5.62012: 5.72013: 5.92014: 6.12015: 6.42016: 6.62017: 6.82018: 72019: 7.22020: 7.52021: 6.82022: 7

Source: World Bank.

Analysis

The most recent figure for wage bill as a percentage of gdp in Chile is 7.0%, measured in 2022.

The figure is up 2.3% on the previous year and up 22.3% over ten years.

Over the whole period, wage bill as a percentage of gdp in Chile peaked at 7.5% in 2020 and was at its lowest, 4.6%, in 2006.

That places Chile 111th out of 188 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.3% 4.6% 6.0% 10
2010s 6.3% 5.6% 7.2% 10
2020s 7.1% 6.8% 7.5% 3

Countries ranked near Chile

  1. 108 Belarus 7.5% compare
  2. 109 Switzerland 7.4% compare
  3. 110 South Sudan 7.3% compare
  4. 112 Aruba 6.9% compare
  5. 113 South Korea 6.9% compare
  6. 114 Paraguay 6.7% compare

See the full ranking of 190 places β†’

More reference data data for Chile

All data for Chile β†’

Frequently asked questions

What is wage bill as a percentage of gdp in Chile?
Wage bill as a percentage of gdp in Chile was 7.0% in 2022, according to the World Bank.
What is the highest wage bill as a percentage of gdp recorded in Chile?
The highest recorded value was 7.5% in 2020.
What is the lowest wage bill as a percentage of gdp recorded in Chile?
The lowest recorded value was 4.6% in 2006.
How does Chile rank for wage bill as a percentage of gdp?
Chile ranks 111th out of 188 countries with data for 2022.
Is wage bill as a percentage of gdp rising or falling in Chile?
Over the last ten years it is up 22.3%. The long-run trend across the full record is rising.
Where does this Chile data come from?
The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed